[Press Release]
Sourcebooks Acquires Simple Truths, Leading Publisher & eRetailer of Inspirational and Motivational Books
Sourcebooks has acquired Naperville-based Simple Truths, best known for designing and marketing inspirational and motivational books.  This marks Sourcebooks’ 15th acquisition since its founding in 1987, and the largest in the company’s history.
Simple Truths was founded in 2005 by Mac Anderson, who is also the founder of Successories, the leader in designing and marketing products for motivation and recognition, which he sold in 2004.  Since 2005, Simple Truths has grown steadily into a multifaceted brand with extensive e-commerce and online marketing abilities, including 1.2 million customers and newsletter subscribers. Simple Truths ranks #669 on The Internet Retailer Guide, which lists the leading players in North American e-retailing based on web sales.
“Dominique’s passion is contagious,” says Anderson. “She has built a great company of which we’re proud to be a part. Leveraging our content through their distribution channels will generate excellent growth opportunities.”
“Mac is an extraordinary entrepreneur, and I’m excited by the growth potential in Simple Truths and Sourcebooks banding together,” says Dominique Raccah, CEO and publisher of Sourcebooks. “This purchase adds almost $10 million to our top-line sales and extends opportunities for Sourcebooks authors.  It also creates …read more

Via: Digital Book World